MGHTF (Mercury NZ) Total Operating Expense: $225 Mil (TTM As of Dec. 2025)


MGHTF Mercury NZ Ltd MGHTF
79 GF Score
Price $4.37
GF Value $4.27
Valuation Fairly Valued
! 11 Warning Signs
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What is Mercury NZ Total Operating Expense?

Mercury NZ MGHTF +8.44% 79 Total Operating Expense is $225 Mil as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 79/100 and a GF Value™ of $4.27 (Fairly Valued). The stock has 11 warning signs investors should review.

Mercury NZ's Total Operating Expense for the six months ended in Dec. 2025 was $755 Mil. Mercury NZ's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was $225 Mil.

Mercury NZ Total Operating Expense Related Terms

Mercury NZ Total Operating Expense Historical Data

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The historical data trend for Mercury NZ's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercury NZ Total Operating Expense Chart

Mercury NZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 323.38 362.14 423.31 451.20 456.85

Mercury NZ Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 866.21 -403.32 939.08 -529.27 754.63
MGHTF
79GF Score
Mercury NZ Ltd MGHTF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury NZ Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $225 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $225 Mil mean?
Mercury NZ (MGHTF) has a Total Operating Expense of $225 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mercury NZ and its competitors.
Is Mercury NZ's Total Operating Expense too high?
Mercury NZ's current Total Operating Expense is $225 Mil. Overall, Mercury NZ has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Total Operating Expense compare to competitors?
Mercury NZ's Total Operating Expense of $225 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Independent Power Producers company?
A good Total Operating Expense depends on the Utilities - Independent Power Producers industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mercury NZ and its competitors. Mercury NZ's current Total Operating Expense is $225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.27, compared to a current price of $4.37 — trading 2.3% above its estimated fair value. The current Total Operating Expense is $225 Mil. Mercury NZ's overall GF Score™ is 79/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current Total Operating Expense is $225 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercury NZ (MGHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued. The current stock price of $4.37 is trading 2.3% above its estimated GF Value™ of $4.27. GuruFocus considers Mercury NZ to be Fairly Valued.

Key valuation signals for MGHTF:

  • Total Operating Expense: $225 Mil
  • GF Value™: $4.27 vs. price of $4.37 (2.3% above fair value)
  • GF Score™: 79/100 with 11 warning signs

No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercury NZ Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
79GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.37
Price
$4.27
GF Value